Thinking about buying in Ferodale? Now could not be a better time, with just 142 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $826,000 with prices in this suburb ranging from $508,000 to $2,366,000. Ferodale is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $407.88 |
Median Monthly Mortgage | $1819.50 |
Median Persons Per Bedroom | 0.79 |
Average Household Size | 2.75 |
Average Age | 38.75 |
Average Income | $784.13 |
Average Cars Per Dwelling | 2.18 |
Average Properties Within 50M | 7 |
4 Bed  $1,094,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ferodale due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Ferodale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Ferodale to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Ferodale we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ferodale a better buying opportunity than it may have been in the past.
15 ringwood rd, ferodale, nsw, 2318 | 4 | 2 | 6 | $1,295,000 |
Medowie Christian School
Grahamstown Public School
Irrawang High School
Irrawang Public School
(While the above schools are located with the suburb of Ferodale there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
09-08-2023 | $1,405,000 | 5 NINE MILE CREEK RD |
20-06-2023 | $850,000 | 12 HAYNES RD |
31-10-2022 | $2,400,000 | 1432 MEDOWIE RD |
04-10-2022 | $1,200,000 | 15 RINGWOOD RD |
05-09-2022 | $900,000 | 11 RINGWOOD RD |
11-08-2020 | $840,000 | 13 RINGWOOD RD |
12-08-2016 | $327,000 | 9 NINE MILE CREEK RD |
07-07-2016 | $617,500 | 17 RINGWOOD RD |
22-01-2016 | $680,000 | 11 PIPECLAY CREEK RD |
11-11-2015 | $450,000 | 13 RINGWOOD RD |
11-05-2015 | $275,000 | 3880 PACIFIC HWY |
06-10-2011 | $400,000 | 3 OLD SWAN BAY RD |
31-08-2011 | $350,000 | 218 OLD SWAN BAY RD |
07-06-2011 | $365,000 | 11 RINGWOOD RD |
19-03-2010 | $300,000 | 3 HODGES RD |
03-02-2010 | $105,000 | 12 RINGWOOD RD |
29-01-2010 | $480,000 | 5 NINE MILE CREEK RD |
12-10-2009 | $540,000 | 11 PIPECLAY CREEK RD |
04-06-2008 | $250,000 | 3880 PACIFIC HWY |
30-11-2007 | $447,500 | 18 RINGWOOD RD |
21-12-2005 | $455,000 | 4 HAYNES RD |
22-12-2004 | $800,000 | 6 RINGWOOD RD |
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